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Comparision (Groww VS Progressive Share Brokers)

 

Groww Vs Progressive Share Brokers

Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Progressive Share Brokers
Progressive Share Brokers Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Groww Vs Progressive Share Brokers - Broker Details

Groww Progressive Share Brokers
Single Margin Facility
Year of Incorporation 2016 1996
Exchanges NSE and BSE. NSE, BSE, MCX and NCDEX
Branches Zero 3
Brokerage ₹20/ Order 0.04% per order
Broker Type Discount Broker Full Service Broker

Groww Vs Progressive Share Brokers - Account Opening & AMC Charges

Groww Progressive Share Brokers
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹250 per Year
Trading Account AMC ₹0 (Free) NA

Groww Vs Progressive Share Brokers - Brokerage charges & Plans

Groww Progressive Share Brokers
Commodity Futures N/A 0.04% per order
Currency Futures N/A 0.04% per order
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) 0.35% per order
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹35 per lot
Commodity Options N/A ₹35 per lot
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.04% per order
Currency Options N/A ₹15 per lot
Fixed Charges ₹20/ Order 0.04% per order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.04% per order

Groww Vs Progressive Share Brokers - Other Charges

Groww Progressive Share Brokers
RMS Square Off Charge ₹50/ Order ₹50 per order
API Charges ₹0 (Free) Free API
Call & Trade Charges N/A Rs. 20 (+ GST)
Other Brokerage Charges ₹20/ Order or 0.05% 0.04% per order
Minimum Brokerage ₹20/ Order 0.04% per order

Groww Vs Progressive Share Brokers - Transaction Charges

Groww Progressive Share Brokers
Currency Options N/A Exchange txn charge: 0.035%
Equity Futures NSE:- 0.002% NSE: 0.0019%
Equity Intraday NSE:- 0.00345% | BSE:- 0.00345% NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group)
Equity Options NSE:- 0.053% on premium NSE: 0.05% (on premium)
Commodity N/A Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025%
Currency Futures N/A Exchange txn charge: 0.0009% Clearing charge: .00025%
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group)

Groww Vs Progressive Share Brokers - Margin (Exposure)

Groww Progressive Share Brokers
Equity Options 1x 1x (100% of Normal margin (Span + Exposure))
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A 1x (100% of Normal margin (Span + Exposure))
Commodity Options N/A 1x (100% of Normal margin (Span + Exposure))
Commodity Futures N/A 1x (100% of Normal margin (Span + Exposure))
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures N/A 1x (100% of Normal margin (Span + Exposure))
Equity Futures 1x 1x (100% of Normal margin (Span + Exposure))

Groww Vs Progressive Share Brokers - Features

Groww Progressive Share Brokers
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Investor 360 Web Portal, 2. Investor 360 Mobile App
SMS Alerts for Trades
Direct Mutual Fund

Groww Vs Progressive Share Brokers - Review & Rating

Groww Progressive Share Brokers
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Groww Vs Progressive Share Brokers - Request a call back from Broker

Groww Progressive Share Brokers

Groww Vs Progressive Share Brokers - Investment Options

Groww Progressive Share Brokers
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Groww Vs Progressive Share Brokers - Order Type

Groww Progressive Share Brokers
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Groww Vs Progressive Share Brokers - Research & Report

Groww Progressive Share Brokers
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Groww Vs Progressive Share Brokers - Daily Market Report

Groww Progressive Share Brokers
Daily Market Reports & News

Groww Vs Progressive Share Brokers - Suitable For Investor

Groww Progressive Share Brokers
Casual Investor
Active Investor
Trader

Groww Vs Progressive Share Brokers - Pros & Cons

Groww Progressive Share Brokers
Pros 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features
Cons 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches

Groww Vs Progressive Share Brokers - Background

Groww Progressive Share Brokers

Groww Vs Progressive Share Brokers - Compare All Brokers

Groww Progressive Share Brokers

Groww Vs Progressive Share Brokers - STT/CTT

Groww Progressive Share Brokers
Commodity Futures N/A 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the sell side
Equity Options 0.05% only on sell 0.0625% on sell side (on premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.0125% on sell side
Commodity Options N/A 0.05% on sell side

Groww Vs Progressive Share Brokers - Demat transaction charges

Groww Progressive Share Brokers
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹10 per request

Groww Vs Progressive Share Brokers - GST

Groww Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charge)

Groww Vs Progressive Share Brokers - SEBI Charges

Groww Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Groww Vs Progressive Share Brokers - Account Opening & AMC Charges

Groww
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
 
Call Back Open Account

Groww Vs Progressive Share Brokers

Groww Progressive Share Brokers
 

Groww Review | Brokerage Charges, Account Opening


Groww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application ..
+ " Vs "+ Progressive Share Brokers
Read more..

Progressive Share Brokers Account Opening Process and Charges

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Progressive Share Brokers
Progressive Share Brokers Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Groww Vs Progressive Share Brokers - Brokerage charges & Plans

Groww Progressive Share Brokers
Commodity Futures N/A 0.04% per order
Currency Futures N/A 0.04% per order
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) 0.35% per order
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹35 per lot
Commodity Options N/A ₹35 per lot
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.04% per order
Currency Options N/A ₹15 per lot
Fixed Charges ₹20/ Order 0.04% per order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.04% per order
Call Back Open Account

Groww Vs Progressive Share Brokers - Margin (Exposure)

Groww Progressive Share Brokers
Equity Options 1x 1x (100% of Normal margin (Span + Exposure))
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A 1x (100% of Normal margin (Span + Exposure))
Commodity Options N/A 1x (100% of Normal margin (Span + Exposure))
Commodity Futures N/A 1x (100% of Normal margin (Span + Exposure))
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures N/A 1x (100% of Normal margin (Span + Exposure))
Equity Futures 1x 1x (100% of Normal margin (Span + Exposure))
Call Back Open Account

Groww Vs Progressive Share Brokers - Other Charges

Groww Progressive Share Brokers
RMS Square Off Charge ₹50/ Order ₹50 per order
API Charges ₹0 (Free) Free API
Call & Trade Charges N/A Rs. 20 (+ GST)
Other Brokerage Charges ₹20/ Order or 0.05% 0.04% per order
Minimum Brokerage ₹20/ Order 0.04% per order

Groww Vs Progressive Share Brokers - STT/CTT

Groww Progressive Share Brokers
Commodity Futures N/A 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the sell side
Equity Options 0.05% only on sell 0.0625% on sell side (on premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on buy & sell
Equity Futures 0.01% only on sell 0.0125% on sell side
Commodity Options N/A 0.05% on sell side

Groww Vs Progressive Share Brokers - Demat transaction charges

Groww Progressive Share Brokers
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹10 per request

Groww Vs Progressive Share Brokers - GST

Groww Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charge)

Groww Vs Progressive Share Brokers - SEBI Charges

Groww Progressive Share Brokers
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Groww Vs Progressive Share Brokers - Features

Groww Progressive Share Brokers
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Investor 360 Web Portal, 2. Investor 360 Mobile App
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Groww

Progressive Share Brokers